LEE CHONG LIN INDUSTRIAL ESTATE

LEE CHONG LIN INDUSTRIAL ESTATE in Bahagian Kuching, Sarawak recorded 1 subsale transactions in 2024, with a median price of RM 500K and a median price per square foot (PSF) of RM 145.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 145, with most transactions between RM 145 and RM 145. The usual range is RM 142.00 to RM 148.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 6.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.